940 NW 8th Ave Active Save Request In-Person Tour Request Virtual Tour
Pompano Beach,FL 33060
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,377 sqft
Price per Sqft $223
Subdivision Scott Park
MLS Listing ID F10515394
Style Fourplex
Construction Status Resale
Year Built 1973
Annual Tax Amount $26,736
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Discover an incredible investment opportunity with this outstanding 10-unit, 2-bedroom, 1-bath apartment building! Brimming with potential, this property promises excellent cash flow. While it does require some interior and exterior renovations, each unit is well-equipped with its own laundry room and separate electric meters. Building is partially occupied by long-term tenants, ensuring immediate cash flow as you upgrade the vacant units to maximize your returns. Enjoy the convenience of a fully fenced property, where each unit boasts an assigned parking space along with guest parking. With a roof that's only five years old, this is a prime opportunity for the right investor to capitalize on. Coastal Title, Inc. will be handling the closing. Don't miss out on this money-making prospect!
Location
State FL
County Broward County
Area N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Zoning RM-20
Interior
Heating Electric Heat
Cooling Ceiling Fans,Central Cooling,Electric Cooling
Flooring Vinyl Floors
Exterior
Exterior Feature Exterior Lights,Fence,Fruit Trees
Roof Type Comp Shingle Roof
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 2.0000
Foundation Concrete Block Construction,Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional